Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[cAPSLOCK]

Why do so many people in here have hats as their avatar

A lot of us are ashamed of our hair loss from years of crazy bitcoin price swings, but not silly enough to try a combover.

I feel like my hat needs an update... hmm maybe it just needs to be thrown in the wash?

[cAPSLOCK]

Unbelievable.

Grayscale added 19,879 BTC to their Bitcoin Trust since last week (53,588 BTC since the halving).

Bitcoin miners only produced 7,081 BTC since last week (39,544 BTC since halving).

That's almost 400,000 BTC under management for $GBTC

So, how do they 'manage' 400,000 bitcoins to get 20% return?
And risk-free?

Bitcoin custody is exactly the opposite of risk free.   Can you imagine the vectors being tried as we type to get at their networks, emails, etc?

[UnDerDoG81]

They say put your eggs in different baskets. I put all my eggs in Bitcoin long time ago and it paid out so far. Now I have some Fiat savings and since they printing money like insane I dont want to hold fiat. Now considering to buy moar bitcoin in the next dump sub 9k. Good or bad idea?

Thing is if stock market crashes in a 2nd wave bitcoin will crash as well. I think it does not matter in what you invest. Unless anything very bad happens and bitcoin go down to zero in the next months. Any thoughts?

[goldkingcoiner]

Why do so many people in here have hats as their avatar

A lot of us are ashamed of our hair loss from years of crazy bitcoin price swings, but not silly enough to try a combover.

I feel like my hat needs an update... hmm maybe it just needs to be thrown in the wash?

You throw away your hat, we throw away YOU.

[cAPSLOCK]

Why do so many people in here have hats as their avatar

A lot of us are ashamed of our hair loss from years of crazy bitcoin price swings, but not silly enough to try a combover.

I feel like my hat needs an update... hmm maybe it just needs to be thrown in the wash?

You throw away your hat, we throw away YOU.

I didn't say throw it AWAY!  I said throw it in the wash! It's kinda smelly by now.

[vapourminer]

Why do so many people in here have hats as their avatar

A lot of us are ashamed of our hair loss from years of crazy bitcoin price swings, but not silly enough to try a combover.

I feel like my hat needs an update... hmm maybe it just needs to be thrown in the wash?

You throw away your hat, we throw away YOU.

I didn't say throw it AWAY!  I said throw it in the wash! It's kinda smelly by now.

i tried that. half my brain cells went down the drain

[jbreher]

Since shares trade at 120% premium in order to sell at 120% premium 6 months later you have to buy at 120% premium now. What is the point of doing that?
Is Grayscale a ponzi?

Likely not. Likely just overpriced.

[UmerIdrees]

Lots of things remain unanswered and unfinished in 2020.

[goldkingcoiner]

Why do so many people in here have hats as their avatar

A lot of us are ashamed of our hair loss from years of crazy bitcoin price swings, but not silly enough to try a combover.

I feel like my hat needs an update... hmm maybe it just needs to be thrown in the wash?

You throw away your hat, we throw away YOU.

I didn't say throw it AWAY!  I said throw it in the wash! It's kinda smelly by now.

Ahhhh sorry. I put my head in the microwave to kill the corona germs. Now my broken is a bit brain.

[LFC_Bitcoin]

Looks like some decent resistance keeping us above $9,000 at the moment. Time to shake out some more weak hands. Only the strong will succeed as in all walks of life.

Are you a HODLER or a PANIC SELLER?

[Indymoney]

Looks like some decent resistance keeping us above $9,000 at the moment. Time to shake out some more weak hands. Only the strong will succeed as in all walks of life.

Are you a HODLER or a PANIC SELLER?

Most of time hodler as its give good return.

[vapourminer]

Are you a HODLER or a PANIC SELLER?

many of us have been both at one point or another.

its an educational thing. or right of passage maybe.

[becoin]

Are you a HODLER or a PANIC SELLER?

Very few panic sellers left. There will be lots of panic buyers. Just pick a pack of popcorn.

[xhomerx10]

Why do so many people in here have hats as their avatar

A lot of us are ashamed of our hair loss from years of crazy bitcoin price swings, but not silly enough to try a combover.

I feel like my hat needs an update... hmm maybe it just needs to be thrown in the wash?

You throw away your hat, we throw away YOU.

I didn't say throw it AWAY!  I said throw it in the wash! It's kinda smelly by now.

 This will prevent you from taking it off even if just for a wash.



 avatar-sized

[Indymoney]

Why do so many people in here have hats as their avatar

A lot of us are ashamed of our hair loss from years of crazy bitcoin price swings, but not silly enough to try a combover.

I feel like my hat needs an update... hmm maybe it just needs to be thrown in the wash?

You throw away your hat, we throw away YOU.

I didn't say throw it AWAY!  I said throw it in the wash! It's kinda smelly by now.

 This will prevent you from taking it off even if just for a wash.



 avatar-sized

@xhomerx10 great work I love to have like this but for me still very long way to go

[dragonvslinux]

Looks like some decent resistance keeping us above $9,000 at the moment. Time to shake out some more weak hands. Only the strong will succeed as in all walks of life.

Are you a HODLER or a PANIC SELLER?

Hodler. It's no time to be mindrusting right now (no offence intended), only accumulating at lower levels.

[xhomerx10]

Why do so many people in here have hats as their avatar

A lot of us are ashamed of our hair loss from years of crazy bitcoin price swings, but not silly enough to try a combover.

I feel like my hat needs an update... hmm maybe it just needs to be thrown in the wash?

You throw away your hat, we throw away YOU.

I didn't say throw it AWAY!  I said throw it in the wash! It's kinda smelly by now.

 This will prevent you from taking it off even if just for a wash.



 avatar-sized

@xhomerx10 great work I love to have like this but for me still very long way to go

 Thanks.  I appreciate the compliment.  You'll get there!

[JayJuanGee]

Observing longs dumping.

Pucker your assholes for some possible temporary pain.

EDIT: Shorts/Longs appearing to be fighting for stability near $9,000 USD/BTC

So far in bitcoinlandia there has been no such thing as bitcoin "stability."

There are battles.

Either they are battling for the price to move in one direction or another or they are temporarily holding back from battling while they replenish their battle supplies.

The nearly two months of BTC price movements that have been largely between $8,700 and $10,200 have largely seemed to have been a battle to get through the Vegeta regions.  So in that regard, sure, we cannot really know with any certainties whether we are going up or down, and there have been times that we have been at the top, middle or bottom of this battling/consolidation range, and I still have my inclinations to NOT be getting too excited throughout this range, even though I am having my own internal dilemmas regarding how long I believe that we can stay within this kind of non-eventful range.... (aka don't write home about range)...

It's almost like we have to battle for a bit in this range prior to moving out of it.. and really who would believe that the odds of moving down would be greater than the odds of moving up?  Couldn't be too many people believing that, even though we do seem to have a decent amount of ongoing doom and gloom happening in the world... and there is some frothing going on in the shitcoin space with a few overly scammy opportunities to pump their gimmicks.. people love gimmics here and there and really gearing up for nonsense concepts to defi that would supposedly have ethereum underlying it as a security layer.. how's that going to end up and will it affect bitcoin in the short/medium term?

Inquiring minds might want to know, but such inquiring minds likely will need to continue to just watch, wait and see  with the rest of us (not going to completely exclude myself out of the "inquiring minds" category).

[sirazimuth]

@xhomerx10 great work I love to have like this but for me still very long way to go

No worries my friend, I wouldn't lose to much sleep over it.
There are far more important things in life than pining for a famous homer hat in the wob thread.
You know, like brushing your teeth, taking a dump, grocery shopping, taking out the trash.........that sort of thing.
In the meantime as our resident hatter xtrordinair says....

 You'll get there!

[JimboToronto]

Good morning Bitcoinland.

Still over the veggie line... currently $9106USD/$12488CAD (Bitcoinaverage).

Isn't it about time we started going up?

Why do so many people in here have hats as their avatar

A hat helps protect your face from satellite-mounted cameras with face-recognition software.